Origination

Residential mortgage-backed securities loans originated outside the pending ability-to-repay/qualified mortgage rule’s protections may face higher loss severity assumptions.

The largest U.S. homebuilder had net income of more than $139 million for its fiscal fourth quarter ended Sept. 30, compared with $100 million a year earlier.

Edward Woodard was the mastermind behind a bank fraud conspiracy that used fraudulent books and records to apply for $28 million in funds from the Troubled Asset Relief Program.

The government removed 25,000 potential buyers per month at the worst possible time.

The servicing industry has witnessed unprecedented changes during the past several years and there is much more to come.

First-generation Asian and Latino immigrant homeowners saw a lower decline in homeownership rates after the Great Recession than their U.S.-born neighbors.

Mortgage documents and loan statements were used as records of debt and spending on tax returns as investment earnings in order to receive a refund.

The company looks to take advantage of the shift to a purchase mortgage market.

Smaller firms compete with major banks trying to get business from attendees.

As Blackstone, the nation’s largest foreclosure-to-rent investor, eyes the secondary market, smaller local players have a chance to increase their market share.